FT Vest Investment Grade & Target Income ETF $LQTI Shares Purchased by Rise Advisors LLC

Rise Advisors LLC increased its stake in FT Vest Investment Grade & Target Income ETF (NYSEARCA:LQTI) by 10,901.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 827,524 shares of the company’s stock after purchasing an additional 820,002 shares during the quarter. FT Vest Investment Grade & Target Income ETF makes up 5.9% of Rise Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Rise Advisors LLC owned approximately 6.90% of FT Vest Investment Grade & Target Income ETF worth $16,650,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ferguson Shapiro LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth approximately $210,000. Envestnet Asset Management Inc. acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 3rd quarter worth approximately $336,000. IFP Advisors Inc lifted its holdings in FT Vest Investment Grade & Target Income ETF by 34.9% in the 4th quarter. IFP Advisors Inc now owns 17,329 shares of the company’s stock worth $349,000 after purchasing an additional 4,483 shares during the last quarter. 1776 Wealth LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter worth approximately $450,000. Finally, Quad Cities Investment Group LLC acquired a new stake in FT Vest Investment Grade & Target Income ETF in the 4th quarter worth approximately $506,000.

FT Vest Investment Grade & Target Income ETF Stock Performance

LQTI opened at $19.24 on Wednesday. The business has a 50 day moving average price of $19.45 and a 200 day moving average price of $19.78. FT Vest Investment Grade & Target Income ETF has a twelve month low of $18.89 and a twelve month high of $22.17.

About FT Vest Investment Grade & Target Income ETF

The FT Vest Investment Grade & Target Income ETF (LQTI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide current income and capital appreciation through a synthetic long exposure to the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) and a partial covered call strategy. It seeks an annual rate of approximately 5% over LQDs current annual yield. LQTI was launched on Feb 12, 2025 and is issued by First Trust.